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Forum Categories All Member since 2025 · 1 post · 0 votes Investor · Milwaukee - Mequon, WI · Member since 2010 · 5k+ posts · 7k+ votes 1y Member since 2026 · 24 posts · 2 votes 24m Join the conversationCreate a free account to reply, vote on answers and follow this thread.
Forum Categories All Member since 2026 · 1 post · 0 votes Member since 2026 · 20 posts · 1 vote 36m $300 to $450 is a big leap. Phase it in with improvements. Submeter utilities. Fix roads, lighting, landscaping. First increase should be smaller. Show residents the value. Expect pushback Join the conversationCreate a free account to reply, vote on answers and follow this thread.
I converted my residential condo into a rental with in-service date of 5/2009. I erred when adding the rental to my Schedule E and incorrectly began claiming depreciation using a 58.3% business use ratio instead of 100%. I have repeated this error on every Schedule E from 2009 to present. The result, I have missed depreciation of more than $20000 over 15 years.
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